-
Asset Summary – Monday, 23 February US DOLLAR is exhibiting mixed signals, leading to uncertainty in its near-term direction. The dollar is receiving support from pullbacks in other major currencies like the British pound and Canadian dollar, as well as anticipation of a smaller Fed balance sheet under incoming Fed Chair…
-
WTI crude oil futures are trading near a six-month high, around $66.5 per barrel, as the market grapples with conflicting signals. Potential progress in US-Iran nuclear talks is weighed against the risk of renewed tariffs and ongoing concerns about supply disruptions in the Strait of Hormuz. WTI crude oil futures are…
-
Gold is experiencing a price surge, reaching over $5,100 per ounce, driven by renewed trade war anxieties, geopolitical tensions in the Middle East, and a weaker US dollar. Safe-haven demand is bolstering the precious metal as investors seek refuge from economic uncertainty. Gold climbed 1% to around $5,160 per ounce, a…
-
Japanese stocks experienced a downturn on Friday, primarily influenced by escalating tensions between the US and Iran and upcoming key US economic data releases. This risk-off sentiment led to a broad selloff, particularly affecting technology and banking sectors. Despite the day’s losses, both the Nikkei and Topix were on track to…
-
The DAX 40 experienced a decline on Monday, underperforming other regional markets due to renewed trade uncertainties and ongoing geopolitical tensions. Investor relief from a previous decision was short-lived due to newly imposed tariffs, while strained US-Iran relations added further pressure. Industrials and tech stocks were particularly affected, leading to an…
-
The FTSE 100 experienced a slight decline, trading 0.2% lower after a strong previous week. Renewed trade policy uncertainty, stemming from reactions to tariff adjustments, weighed on market sentiment. Certain sectors and companies were particularly affected, with movements in financials and miners partially offsetting the overall decline. The FTSE 100 traded…
-
US equity futures experienced a decline on Monday, with contracts for the Dow Jones indicating a 0.4% decrease. This pullback followed gains from the previous session and was driven by uncertainty surrounding future US economic policy, leading investors to reduce their exposure to riskier assets. Dow Jones futures were 0.4% lower.…
-
The Australian Dollar is experiencing mixed signals, edging higher against the US Dollar while showing weakness against other major peers. It’s influenced by both domestic factors, such as hawkish RBA signals and strong economic data, and international pressures including US trade policy shifts and expectations of Federal Reserve rate cuts. Trade…
-
The Canadian dollar is facing headwinds, weakening against the US dollar as trade tensions resurface and domestic inflation cools. This is compounded by a strong US dollar supported by hawkish Federal Reserve signals, offsetting any gains from firmer oil prices. The narrowing yield advantage for Canada and renewed protectionist risks further…
-
The Japanese Yen initially strengthened but later gave back some gains. The yen’s movement is influenced by factors including reactions to US tariff policies, domestic economic data, and the Bank of Japan’s interest rate hike expectations. Trading volumes are expected to be subdued due to a public holiday in Japan. The…
-
The British Pound is experiencing a volatile period, influenced by a mix of international trade policy uncertainty and domestic economic data releases. Recent strength stemmed from a weaker US Dollar and positive UK PMI and retail sales figures. However, concerns about new tariffs and a weakening labor market have created headwinds,…
-
The euro is showing resilience, rebounding against the dollar amidst renewed trade tensions between the US and EU. The dollar weakened due to uncertainty surrounding US trade policy, giving the euro a boost. Stronger-than-expected German business sentiment also contributed to the euro’s recovery. Investors are closely watching upcoming inflation data from…
-
The US Dollar is holding near its one-month high, supported by pullbacks in other G10 currencies. However, uncertainty surrounding US trade policy, following a Supreme Court ruling and President Trump’s subsequent announcement of increased global tariff rates, is causing some struggles for the dollar. The market is also weighing the implications…
-
Asset Summary – Friday, 20 February US DOLLAR is experiencing upward pressure, influenced by positive US economic indicators and a hawkish stance from the Federal Reserve. Recent data reveals a decrease in jobless claims and an unexpected surge in the Philadelphia Fed business outlook, contributing to the dollar’s strength. Although there…
-
Oil prices are exhibiting significant volatility and upward pressure, influenced by geopolitical tensions in the Middle East, particularly involving Iran, and supported by a substantial decrease in US crude inventories. Investors are closely monitoring the situation for potential supply disruptions. WTI crude oil is trading around $66 per barrel, a six-month…
